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Digital Asset Funds Witness Major Shake-up Amid Fed’s Hawkish Stance: Coinshares
17.6.2024
Digital asset investment products have seen substantial outflows totaling $600 million, marking the most significant withdrawal since March 22, 2024. According to Coinshares and lead researcher James Butterfill, this exodus is attributed to a hawkish Federal Open Market Committee (FOMC) stance...
TXSE ‘upstart’ stock exchange could become a crypto-friendly challenger
17.6.2024
While there are many challenges for a new stock exchange in the U.S., many observers are optimistic about what it could mean for the crypto industry
Corporate adoption is in ‘amateur league’ despite Bitcoin ETFs
17.6.2024
Corporations could pave the way towards more mainstream crypto industry trust, according to the co-founder of Trust Square
Bitcoin Investment Products Saw Over $600M in Outflows Last Week: CoinShares
17.6.2024
Crypto markets have been laid low by a hawkish stance on interest rate cuts by the FOMC
Crypto Sector Secures $317M in Venture Capital Deals in Early June
16.6.2024
With the first half of June concluded, there have been 37 venture capital deals and fundraising events in the crypto sector. Collectively, these investments totaled $317.87 million, with Avail, a modular blockchain project, leading the pack with $43 million. 37 Crypto Startups and Projects Gather...
Cryptos to buy in June 2024: BlockDAG reaches $50M, SHIB and ADA compete, Dogwifhat price surges
15.6.2024
BlockDAG has solidified its leadership position in the cryptocurrency market by securing $50.2 million in its 18th batch presale, reflecting an astounding 1120% growth. This remarkable achievement underscores investor confidence in BlockDAG’s strategic vision and advanced technology. While Shiba...
Bitcoin bank proposal gains momentum in El Salvador
15.6.2024
The Bank for Private Investment will “diversify the financing options” available to investors in both Dollars and Bitcoin
Bondex acquires a calculated investment from Animoca Brands
14.6.2024
Bondex has acquired a calculated amount of investment from Animoca Brands for boosting its platform, credited with having more than 1.5 million users. Bondex has its focus on referral hiring via an application for exploring and controlling prospective professionals looking for options, as well...
Paradigm Secures $850 Million for Third Crypto Fund, Targets Early-Stage Projects
13.6.2024
On June 13, the leading San Francisco-based crypto-focused venture capital firm Paradigm revealed it has secured its third fund, totaling $850 million, aimed at early-stage crypto projects. Paradigm Announces $850 Million Fund Established in 2018 by Coinbase co-founder Fred Ehrsam and ex-Sequoia...
Nuffle Labs Raises $13 Million to Expand Modular Infrastructure for Blockchain Layers
13.6.2024
Nuffle Labs, a contributor to the Near Protocol and Ethereum, has secured $13 million in a funding round led by Electric Capital. The investment aims to enhance its modular infrastructure services across various blockchain layers, promising cost-efficient solutions and rapid data finality. Nuffle...
MicroStrategy plans $500M stock sale to buy more Bitcoin
13.6.2024
MicroStrategy plans a $500 million stock sale to fund additional Bitcoin acquisitions, reinforcing its commitment to BTC as a treasury reserve asset
Bill Miller Explains Why Bitcoin Is Still Undervalued
13.6.2024
Bill Miller IV, chairman and CIO of Miller Value Partners, has explained why bitcoin is undervalued despite the cryptocurrency’s recent highs. He emphasized bitcoin’s potential as a revolutionary monetary system superior to fiat currencies, which are subject to human control...
UBS Recommends Buying Gold Dips Amid Economic Uncertainty
12.6.2024
The UBS editorial team, comprising financial analysts and economists at UBS, a prominent global financial services firm, recommends purchasing gold during price dips rather than selling. Recently, gold prices fell by over $80 per ounce due to strong U.S. payroll and earnings data, coupled with...
‘Not a classic VC’: Tether plans to invest up to $1B in one year
11.6.2024
Tether’s VC arm has already spent about $2 billion on tech like AI and alternative financial infrastructure over the past two years
FTC issues urgent warning over rising crypto romance scams
11.6.2024
The FTC asked users to report scammers to the government and warn their loved ones about the scam
Metaplanet rallies 10% as it scoops Bitcoin for third time in 2 months
11.6.2024
The firm’s third Bitcoin purchase since April 23 brings its total holdings to 141.07 Bitcoin, worth over $9.6 million
Bitcoin vs. Buffett: BTC holders' 104% CAGR dwarfs 'steady growth' portfolio
10.6.2024
Since its trading debut in 2011, Bitcoin has delivered an impressive average annual return of approximately 104%, surpassing the returns of Warren Buffett’s portfolio and U.S. stock markets
Crypto inflows hit $2B in June, Ethereum sees best week since March with $69M
10.6.2024
CoinShares believe the turnaround is due to "weaker than expected macro data in the U.S."
The Memecoin Frenzy Has Ignited a Scalability Arms Race
9.6.2024
Following a spell of TradFi breakthroughs, all-time highs, and intense optimism in the crypto industry, selling pressure across most major cryptocurrencies are slowly beginning to ease, with trading volumes submitting to more tenable growth levels. Amidst this growth, one category-defying group...
Arbitrum to distribute $215M in ARB tokens for gaming innovation
9.6.2024
Initially introduced in March, the proposal gained official approval on June 7, with a majority of over 75% of votes in favor